11 Mar 2010

Few new jobs in Australia last month

5:28 pm on 11 March 2010

Just 400 new jobs were created in Australia during February, but a small fall in the participation rate has kept unemployment roughly steady at 5.3%, up from 5.2%.

A fall in part-time jobs offset a rise in full-time positions, the ABC reports.

The good news for Australia in the Bureau of Statistics survey was that full-time employment increased by 11,400.

Part-time employment bore the brunt of the job losses, down by 11,000.

That means aggregate monthly hours worked increased by 2.4% last month.